Team Inc. (TISI) reported third quarter adjusted net income of $0.10 per share after the close Tuesday, compared to $0.08 per share in the prior year. The consensus estimate was for EPS of $0.18.
Team Inc. traded to the downside throughout Wednesday's session and closed lower by 3.98 at $28.88 on above average volume. The stock fell to a 2-month low and dropped below its 50-day moving average.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.